SOMETHING IS BROKEN IN THE INSURANCE SECTOR. WATCH $IAK $KIE
Something is broken in the Insurance sector.
Is there insurance for insurance?
Trading is like Sherlock Holmes, sniffing for clues. And this is what we found!
IAK
- volume surged since 21st May 2022
- POC level seen at the peak of the chart seems like smart money has been distributing at the top
- bearish momentum divergence / momentum broke below neckline
KIE
- likeIAK, seems like the smart money haven been distributing at the peak ( stage 3 )
- price rejected upward trendline
- price retest neckline at the moment
- bearish momentum divergence
"the difference between good and great is attention to detail"
Cheers and happy trading!
Is there insurance for insurance?
Trading is like Sherlock Holmes, sniffing for clues. And this is what we found!
IAK- volume surged since 21st May 2022
- POC level seen at the peak of the chart seems like smart money has been distributing at the top
- bearish momentum divergence / momentum broke below neckline
KIE- like
IAK, seems like the smart money haven been distributing at the peak ( stage 3 )- price rejected upward trendline
- price retest neckline at the moment
- bearish momentum divergence
"the difference between good and great is attention to detail"
Cheers and happy trading!
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